<ul><li>India, with a lower debt-to-GDP ratio, is likely to manage the global trade war better than other countries.</li><li>India should focus on strong bilateral relationships with a handful of countries and cannot afford to have multilateral ties.</li><li>Gurumurthy suggests India may have informal 'track 2 diplomacy' with the US to tackle tariffs.</li><li>The economist predicts that the growth rate of global trade will likely shrink below 1% due to the ongoing trade standoff between the US and China.</li></ul>

India will be less impacted by global trade war thanks to its socioeconomic and cultural character: S Gurumurthy

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